Exchange Relay Token

relay Price Live Data

The live Relay Token price today is $ 0.064 usd with a 24-hour trading volume of $1 usd. We update our RELAY to usd price in real-time. Relay Token is down -1.48% in the last 24 hours. The current coinmarketcap ranking is #4812, with a live market cap of $211 917 usd. It has a circulating supply of 3 329 128 RELAY coins and the max. Supply of 8 823 410 RELAY coins.

What Is Relay Token (relay)?

RELAY is a multi cross-chain platform developed to bring BaaS (Bridging as a Service) to help the often fragmented DeFi liquidity space. What is really unique to our bridge is that when a new ecosystem is created, our bridge connects that asset and ecosystem to all the other ones we support. At launch we currently support bridging to Ethereum, BSC, Avalanche, Polygon (Matic), and Heco — with more coming soon. Relay's bridges were first to introduce the bridge gas token faucet to Defi where the bridge itself airdrops the native gas token to new users to reduce friction for people starting out on new chains. Our goal at Relay Chain is simple, ""Have the best and safest bridge"". We will provide value to our token holders by giving them native gas tokens for providing liquidity instead of our native project token (RELAY). By doing this we eliminate all sell pressure to Relay and we can give the highest APY's to Relay Liquidity Providers. This allows us to have a token that provides value, and it's deflationary (via buyback and burns) which is doing with a portion of the gas token profits from bridge transactional volume. The brings the positive feedback loops and true ecosystem synergy into the Relay Chain ecosystem where all partners provide utility to the end users of our platform.